Singapore Telecommunications

Broker's Calls

Singtel kept at ‘buy’ by Nomura with $4.25 target

SINGAPORE (June 2): Nomura is maintaining its “buy” rating on Singapore Telecommunications with a target price of $4.25.

Market Close

STI closes 0.6% higher at 2,766.66

SINGAPORE (May 25): Singapore stocks closed higher on Wednesday following Wall Street’s overnight rally.

STI up 1.08% to 2,780.01

SINGAPORE (May 25): Singapore stocks are trading higher at midday following overnight gains on Wall Street, while upbeat first quarter GDP data also lifted investor sentiment.
SIngapore Airlines, SIA

Portfolio: SIA takes a hit while DBS, CDL run; Jumbo, Cogent post solid earnings

SINGAPORE (May 22): There was a host of corporate actions and earnings announcements involving the stocks in our three portfolios this past week. And, our blue-chip holdings made some big moves.
Singtel satellite dish

Singtel’s 4Q earnings inch up 0.8% to $946 mil

SINGAPORE (May 12): Foreign currency exchange affected Singtel’s bottomline in the fourth quarter ended March, which stood at $946 million. In constant currency terms, earnings would have increased 4%.
NetlinkTrust and SIngtel.png

Singtel plans up to US$2 bil IPO for broadband unit, to slash stake: sources

SINGAPORE (May 12): Singapore Telecommunications (Singtel) plans to list its broadband unit on the local bourse in a deal that could raise about US$2 billion ($2.7 billion), slashing its stake by more than 75%, sources close to the matter said on Thursday
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